Market Ethos - October 10th, 2017 Published by Richardson Wealth Asset Management on Oct 10, 2017 Financial Gravity Richard Thaler won the latest Nobel prize in economics for his work that is focused on behavioral economics. Years ago in 1985 he also co-penned a white paper posing the question ‘Does the Stock Market Overreact?’ and found that the... Read more
Market Ethos - October 2nd, 2017 Published by Richardson Wealth Asset Management on Oct 02, 2017 Core Income Refresh – Part 4 – Consumer Sectors and Health Care This is the fourth and final edition of the Core Income Refresh series. This week, we shift our focus to the Consumer Staples, Discretionary and Health Care sectors. The headlines have not... Read more
Market Ethos - September 25th, 2017 Published by Richardson Wealth Asset Management on Sep 26, 2017 Core Income Refresh – Part 3 – Industrials & Technology A number of times during the year we break from our traditional approach of portfolio management and conduct what we call a “refresh”. Each member of the analytical team conducts independent research... Read more
Market Ethos - September 18th, 2017 Published by Richardson Wealth Asset Management on Sep 18, 2017 Core Income Refresh - Part 2 Commodities A number of times during the year we break from our traditional approach of portfolio management and conduct what we call a “refresh”. Each member of the analytical team conducts independent research into sector... Read more
Market Ethos - September 11th, 2017 Published by Richardson Wealth Asset Management on Sep 11, 2017 Core Income Refresh - Part 1 Rate Sensitives A number of times during the year we break from our traditional approach of portfolio management and conduct what we call a “refresh”. Each member of the analytical team conducts independent research into sector... Read more
Market Ethos - September 5th, 2017 Published by Richardson Wealth Asset Management on Sep 05, 2017 The Great ETF Bubble? The popularity of ETFs has accelerated in the past year based on net inflows. This has caused some to wonder if this is creating a new kind of bubble in the market. Most ETFs are market cap based and inflows are allocated across... Read more
Market Ethos - August 28th, 2017 Published by Richardson Wealth Asset Management on Aug 28, 2017 Fundamentals - The good & the bad Earnings and sales growth were impressive this past earnings season, likely helping the market navigate some of the geopolitical bumps of late. In this edition we slice up valuations from a few perspective that clearly... Read more
Market Ethos - August 21st, 2017 Published by Richardson Wealth Asset Management on Aug 21, 2017 Market Clock - How to Use It This week we have updated our Market Clock asset allocation framework, which still favors a continuation of the current bull cycle. 21 of our 30 indicators are bullish, which is a healthy amount. Also included is how we use... Read more
Market Ethos - August 14th, 2017 Published by Richardson Wealth Asset Management on Aug 14, 2017 Behaving Irrationally The essence of money management can be encapsulated in searching for investments that are trading below their intrinsic value. Buying these companies low, and as the market comes around to realize their intrinsic value, the price... Read more
Market Ethos - August 8th, 2017 Published by Richardson Wealth Asset Management on Aug 08, 2017 Unhedged While we have written a few times of late on currency, given the continued moves in the USD/CAD and a recent unwind of our currency hedge, we are back talking currency again. In this edition we share our view on the USD/CAD, how we are positioned... Read more